The Source for Cyber Insurance News, Insights and Data
The business risk landscape is evolving rapidly, with cybersecurity threats and technological disruptions taking center stage. A recent report by Chubb highlights the growing importance of addressing risks like malicious AI manipulation, cyber breaches, and data leaks to ensure sustainable business growth. The findings, drawn from a survey of 517 risk decision-makers across the U.S. … Read more
I read it and thought this isn’t new, “97% of Leading U.S. Banks Impacted by Third-Party Data Breaches in 2024.” I went to check on SecurityScorecard’s website. I was wrong; it is new, and I’d confused it with this press release from last month, “97% of Top U.S. Retailers Experienced a Third-Party Breach.” While my … Read more
As if online predators and the adverse effects of social media on children’s development weren’t enough to keep parents awake at night, the digital age has added a new nightmare to the list: identity theft. Children’s personal information is increasingly exposed online. As you can imagine, criminals are exploiting their digital footprints to commit fraud, … Read more
A new report from data management firm NetApp reveals that one in five companies—20 percent—fail to regain data lost as a result of a cyberattack, a scenario as devastating as a flood in which one in every five damaged homes is never rebuilt, leaving their owners with no option but to start over from scratch. … Read more
We’ve reported that human error is often at the root of cybersecurity breaches. From weak passwords to careless clicks, people are the weakest link in cyber defense. And if behavioral psychology can boost sales in legitimate businesses, why not in crime? Like stores use your desire for a bargain to take you from your cash, … Read more